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Mylan May Buy Swedish Pharma Group Meda: WSJ

Fri, 04/04/2014 - 2:56am
Generic drug group Mylan Inc. is mulling the purchase of Swedish pharmaceutical group Meda AB , The Wall Street Journal reported on Friday, citing persons close to the matter.
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GM Hires Jeff Eller As Crisis Manager: WSJ

Fri, 04/04/2014 - 2:38am
General Motors Co. has hired an outside crisis manager, Jeff Eller, to deal with the company's response over its ignition switch recall, The Wall Street Journal reported on Thursday.
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T-Mobile Offers BlackBerry Subscribers $100 Credit

Fri, 04/04/2014 - 1:45am
T-Mobile Inc. has offered customers who use BlackBerry Ltd. phones a $100 credit to use toward any new device, including the BlackBerry Q10 or Z10.
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Fed's Fisher Expresses Concern Over Guidance

Fri, 04/04/2014 - 12:30am
Dallas Fed President Richard Fisher told an audience in Hong Kong that he worries that calendar-based commitments can lead to market instability, by encouraging markets to overshoot.
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Chicago Cubs Shares May Be Offered To The Public: Report

Thu, 04/03/2014 - 11:30pm
The Ricketts family, which purchased the Chicago Cubs largely with funds drawn from its Ameritrade fortune, is considering selling shares to the public to fund the renovation
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GrubHub Prices IPO Above Range At $26 a Share

Thu, 04/03/2014 - 6:18pm
Restaurant takeout website GrubHub Inc. priced its initial public offering Thursday at $26 a share, according to reports.
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Mozilla CEO Resigns, Opposition to Gay Marriage Drew Fire

Thu, 04/03/2014 - 5:26pm
Mozilla Chief Executive Brendan Eich has stepped down, the company said on Thursday, after an online dating service urged a boycott of the company's web browser because of a donation Eich made to opponents of gay marriage.
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Report: BofA in Talks to Settle CFPB Case for More than $800M

Thu, 04/03/2014 - 5:00pm
Bank of America is reportedly in talks with the Consumer Financial Protection Bureau to settle an investigation into the banking giant's credit card add-on products for at least $800 million.
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'Holy Grail of Guitars' Hits the Auction Block

Thu, 04/03/2014 - 4:59pm
A collection of 265 iconic guitars are up for auction in New York City.
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Oil Futures Snap Losing Streak on Libya Uncertainty

Thu, 04/03/2014 - 4:52pm
U.S. oil futures snapped a three-day losing streak Thursday as traders looked skeptically at reports that a deal could be struck in eastern Libya to resume crude-oil exports.
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Citi Names McQuade to Lead Fed Application: Memo

Thu, 04/03/2014 - 4:50pm
Citigroup said on Thursday that Gene McQuade, a bank executive who was retiring to become a director, will lead a new push to win permission from the Federal Reserve to pay higher dividends and buy back stock.
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U.S. Steps Up Pressure on Japan Over Trade Promises

Thu, 04/03/2014 - 4:46pm
The United States pressed Japan on Thursday to open its farm and auto markets to overseas competition and said it could not expect special treatment in a Pacific trade pact covering one-third of global imports and exports.
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Micron Posts 2Q Profit, Shares Rise

Thu, 04/03/2014 - 4:42pm
Memory chip maker Micron Technology posted a larger-than-expected fiscal second-quarter net profit, helped by a strong recovery in chip prices and sending its stock higher.
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SolarCity Prices $72 Mln In Solar-backed Notes

Thu, 04/03/2014 - 4:39pm
SolarCity Corp. said Thursday it priced through a subsidiary $72 million in solar-backed notes with an interest rate of 4.59%.
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Micron Beats Estimates; Shares Rise

Thu, 04/03/2014 - 4:16pm
Micron Technology on Thursday reported a fiscal second-quarter profit of $731 million, or 61 cents a share, compared to a loss of $286 million, or 28 cents a share, for the year-earlier period.
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U.S. Stocks Break 4-day Winning Streak

Thu, 04/03/2014 - 4:08pm
The U.S. stock market dipped in and out of negative territory and ended Thursday marginally lower, breaking a four-day winning streak.
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Bullish Anadarko options bets soar on settlement news

Thu, 04/03/2014 - 3:56pm
Bullish options bets placed in Anadarko Petroleum this week made significant profits on Thursday when the company announced it had reached a settlement to resolve pollution clean-up claims, sending shares more than 15 percent higher.
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Anadarko payment will cover environmental costs: U.S. official

Thu, 04/03/2014 - 3:41pm
Anadarko Petroleum Corp's $5.
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Mozilla CEO Resigns Following Gay-marriage Controversy

Thu, 04/03/2014 - 3:33pm
Mozilla Chief Executive Officer Brendan Eich resigned Thursday following pressure after it was revealed that he had contributed to an anti-gay marriage initiative in California in 2008.
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Anadarko Reaches $5.15B Settlement in Tronox Case

Thu, 04/03/2014 - 3:17pm
Anadarko Petroleum reached a $5.15 billion settlement to resolve a case connected to its 2006 acquisition of Kerr-McGee, sending shares of the oil producer to a new record high.
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